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Marathon Oil Corp. Com

MRONYSE
Logo brought to you by Benzinga Data
$28.55
At close: Nov 21, 7:51 PM EDT
$28.58
0.030.10%
After Hours: Nov 21, 7:51 PM EDT
Marathon Oil (MRO) was acquired by ConocoPhillips (COP) on Friday, November 22, 2024 for $22.5B paid in stock
Consensus Rating1
Neutral
Highest Price Target1
$37.00
Lowest Price Target1
$25.00
Consensus Price Target1
$30.86

Marathon Oil Corp. Com (NYSE:MRO) Stock, Analyst Ratings, Price Targets, Forecasts

Marathon Oil Corp. Com has a consensus price target of $30.86 based on the ratings of 21 analysts. The high is $37 issued by Susquehanna on September 4, 2024. The low is $25 issued by Jefferies on May 15, 2023. The 3 most-recent analyst ratings were released by Piper Sandler, Scotiabank, and Barclays on November 18, 2024, October 10, 2024, and October 3, 2024, respectively. With an average price target of $32 between Piper Sandler, Scotiabank, and Barclays, there's an implied 11.97% upside for Marathon Oil Corp. Com from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
1
1
Aug
1
4
Sep
1
1
Oct
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Scotiabank
Barclays
Wells Fargo
Truist Securities

1calculated from analyst ratings

Analyst Ratings for Marathon Oil Corp. Com

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FAQ

Q

What is the target price for Marathon Oil Corp. Com (MRO) stock?

A

The latest price target for Marathon Oil Corp. Com (NYSE:MRO) was reported by Piper Sandler on November 18, 2024. The analyst firm set a price target for $34.00 expecting MRO to rise to within 12 months (a possible 18.97% upside). 44 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Marathon Oil Corp. Com (MRO)?

A

The latest analyst rating for Marathon Oil Corp. Com (NYSE:MRO) was provided by Piper Sandler, and Marathon Oil Corp. Com maintained their overweight rating.

Q

When was the last upgrade for Marathon Oil Corp. Com (MRO)?

A

The last upgrade for Marathon Oil Corp. Com happened on March 14, 2024 when Argus Research raised their price target to $31. Argus Research previously had a hold for Marathon Oil Corp. Com.

Q

When was the last downgrade for Marathon Oil Corp. Com (MRO)?

A

The last downgrade for Marathon Oil Corp. Com happened on July 17, 2024 when JP Morgan changed their price target from N/A to $33 for Marathon Oil Corp. Com.

Q

When is the next analyst rating going to be posted or updated for Marathon Oil Corp. Com (MRO)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Marathon Oil Corp. Com, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Marathon Oil Corp. Com was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.

Q

Is the Analyst Rating Marathon Oil Corp. Com (MRO) correct?

A

While ratings are subjective and will change, the latest Marathon Oil Corp. Com (MRO) rating was a maintained with a price target of $37.00 to $34.00. The current price Marathon Oil Corp. Com (MRO) is trading at is $28.58, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.